Pension Information

2024 Pension Payment Dates

Semi-monthly Only*All Pension Payments
January 12January 31
February 15February 29
March 15March 28
April 15April 30
May 15May 31
June 14June 28
July 15July 31
August 15August 30
September 13September 30
October 15October 31
November 15November 29
December 13December 31

*Effective July 1, 2011, only those who meet ALL three exemption requirements are eligible to receive semi-monthly payments:

  1. Gross semi-monthly payment is $400 or less ($800 per month) on January 1, 2011
  2. Attain 80 years old on January 1, 2011 (i.e. date of birth is before January 2, 1931)
  3. Began receiving semi-monthly payments by 12/31/2002

The following are changes that are allowed after retirement. Please submit the appropriate forms to ERS for processing.

ChangeForm to UseRemarks
Bank Account and/or Financial InstitutionERS 210 Direct Deposit AgreementConfirm that pension payment is deposited to new account before closing old account
Federal Income Tax Withholding2024 W-4P Pension Tax Withholding Form & FAQRefer to tax withholding tables for approximate federal income taxes to be withheld
Mailing AddressERS 211 Mailing Address ChangeTo ensure receipt of 1099-R tax statement, annual pension statement, Holomua newsletters, and ERS correspondence.

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